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Championship Standings:
Pos Driver Points
1 Nico Rosberg 331
2 Lewis Hamilton 305
3 Daniel Ricciardo 227
4 Sebastian Vettel 177
5 Kimi Raikkonen 170
6 Max Verstappen 165
7 Sergio Perez 84
8 Valtteri Bottas 81
9 Nico Hulkenberg 54
10 Fernando Alonso 52
11 Felipe Massa 49
12 Carlos Sainz 38
13 Romain Grosjean 29
14 Daniil Kvyat 25
15 Jenson Button 21
16 Kevin Magnussen 7
17 Jolyon Palmer 1
18 Pascal Wehrlein 1
19 Stoffel Vandoorne 1
20 Esteban Gutierrez 0
21 Marcus Ericsson 0
22 Felipe Nasr 0
23 Rio Haryanto 0
24 Esteban Ocon 0

1 Mercedes 636
2 Red Bull Racing Tag Heuer 400
3 Ferrari 347
4 Force India Mercedes 138
5 Williams Mercedes 130
6 McLaren Honda 74
7 Toro Rosso Ferrari 55
8 Haas Ferrari 29
9 Renault 8
10 MRT Mercedes 1
11 Sauber Ferrari 0 

Full Honda statement on F1 withdrawal

Formula 1
Friday, December 5, 2008


Honda President and CEO Takeo Fukui
The following is the full statement from Honda President and CEO Takeo Fukui regarding the firm’s decision to pull out of Formula One...

We, Honda Motor Co., Ltd., have come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season of participation.

This difficult decision has been made in light of the quickly deteriorating operating environment facing the global auto industry, brought on by the sub-prime problem in the United States, the deepening credit crisis and the sudden contraction of the world economies.

Honda must protect its core business activities and secure the long term as widespread uncertainties in the economies around the globe continue to mount. A recovery is expected to take some time.

Under these circumstances, Honda has taken swift and flexible measures to counter this sudden and expansive weakening of the marketplace in all business areas. However, in recognition of the need to optimize the allocation of management resources, including investment regarding the future, we have decided to withdraw from Formula One participation. We will enter into consultation with the associates of Honda Racing F1 Team and its engine supplier Honda Racing Development regarding the future of the two companies. This will include offering the team for sale.

In its third era of Formula One activities, Honda has been participating in Formula One races from the 2000 season, initially with BAR, by adopting a new format of jointly developing racing machines. 

Subsequently, in a move to meet the changing environment surrounding Formula One, we switched to running a 100 percent Honda-owned team commencing with the 2006 season.

Surmounting many challenges, the Honda Team achieved a Grand Prix victory in 2006, enabling Honda to receive overwhelming support from Honda fans around the world that were looking forward to greater success. It, therefore, has been an extremely difficult decision for us to come to this conclusion without having been able to fully meet the expectations of our fans.

By making the best of what we have learned during these times of economic turmoil, coupled with the spirit of challenge gained through active participation in racing, we intend to continue with our commitment in meeting new challenges.

Finally, we would like to take this opportunity to sincerely thank our fans and all those who have supported Honda’s Formula One efforts, including everyone in the world of Formula One.

Thank you very much.

Takeo Fukui
President and CEO
Honda Motor Co., Ltd.

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